NewsStocksEnergy Infrastructure Trust Unitholders Approve Conversion to Public InvIT and Key AmendmentsEnergy Infrastructure Trust Unitholders Approve Conversion to Public InvIT and Key Amendments
Energy Infrastructure Trust held its First Extraordinary General Meeting on October 10, 2025, where unitholders unanimously approved four resolutions. The key decision was to convert from a private listed InvIT to a public InvIT, receiving 99.99% votes in favor. Unitholders also authorized amendments to the Indenture of Trust, Investment Management Agreement, and Distribution Policy. The EGM saw 76.59% voting participation, with strong support across all unitholder categories. EnCap Investment Manager Private Limited will oversee the implementation of these changes.
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Energy Infrastructure Trust , a private listed infrastructure investment trust (InvIT), held its First Extraordinary General Meeting (EGM) on October 10, 2025, marking a significant milestone in its corporate journey. The meeting, conducted via video conferencing, saw the participation of 41 unitholders and resulted in the unanimous approval of four crucial resolutions.
Conversion to Public InvIT
The most notable decision was the approval to convert Energy Infrastructure Trust from a private listed InvIT to a public InvIT. This resolution, which required a 75% approval by value from unitholders, received overwhelming support with 99.99% of votes cast in favor.
Key Amendments Approved
Unitholders also authorized the Board to make necessary amendments to three key documents:
- The Indenture of Trust
- The Investment Management Agreement
- The Distribution Policy of the Trust
These resolutions were passed with special and simple majorities as required, demonstrating strong unitholder confidence in the Trust's management and future direction.
Voting Details
The EGM saw robust participation from unitholders across categories. Here's a breakdown of the voting results:
| Category | Total Units Held | Votes Polled | % of Votes Polled | Votes in Favor | % in Favor |
|---|---|---|---|---|---|
| Sponsor & Sponsor Group | 27,82,00,000 | 27,82,00,000 | 100.00 | 27,82,00,000 | 100.00 |
| Public - Institutions | 7,11,75,000 | 7,07,75,000 | 99.44 | 7,07,75,000 | 100.00 |
| Public - Non-Institutions | 31,46,25,000 | 15,95,81,760 | 50.72 | 15,95,06,760 | 99.95 |
| Total | 66,40,00,000 | 50,85,56,760 | 76.59 | 50,84,81,760 | 99.99 |
Meeting Details
The EGM, which ran from 3:00 PM to 11:30 PM, offered remote e-voting facilities from October 7-9, 2025. The total units held as of the October 3, 2025 cut-off date were 66.4 crore, with a significant 76.59% voting participation for the conversion resolution.
Management and Future Outlook
EnCap Investment Manager Private Limited, acting as the Investment Manager for Energy Infrastructure Trust, will oversee the implementation of these approved changes. The conversion to a public InvIT is expected to broaden the Trust's investor base and potentially enhance its market presence.
This strategic move by Energy Infrastructure Trust signals its readiness to tap into broader market opportunities and aligns with the evolving landscape of infrastructure investment in India. The unanimous approval of all resolutions reflects strong unitholder confidence in the Trust's growth strategy and governance framework.
